Shares of SPDR SSgA Income Allocation ETF (NYSEARCA:INKM) were up 0% during mid-day trading on Tuesday . The stock traded as high as $31.87 and last traded at $31.78. Approximately 1,710 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 41,824 shares. The stock had previously closed at $31.76.
The firm’s 50 day moving average is $31.60 and its 200-day moving average is $30.24.
Several hedge funds have recently added to or reduced their stakes in INKM. Private Advisor Group LLC acquired a new stake in shares of SPDR SSgA Income Allocation ETF in the 2nd quarter valued at $37,000. Advisor Group Holdings Inc. acquired a new stake in shares of SPDR SSgA Income Allocation ETF in the 1st quarter valued at $185,000. Raymond James & Associates lifted its stake in shares of SPDR SSgA Income Allocation ETF by 51.9% in the 1st quarter. Raymond James & Associates now owns 10,563 shares of the company’s stock valued at $290,000 after purchasing an additional 3,610 shares during the last quarter. HC Advisors LLC bought a new position in SPDR SSgA Income Allocation ETF in the 1st quarter worth $344,000. Finally, Commonwealth Equity Services LLC raised its holdings in SPDR SSgA Income Allocation ETF by 10.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 13,056 shares of the company’s stock worth $359,000 after acquiring an additional 1,195 shares during the period.
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